Electronics and Electrical Manufacturers and Suppliers
The electronics and electrical manufacturing industry has expanded dramatically over the years, and during this time, we have seen no signs of it slowing down. Although the two branches, electrical and electronics vary greatly their range of products are more like similar. Find out some overview of the Electronics and Electrical Manufacturers and Suppliers below.
Electronics Manufacturing Industry
The electronics manufacturing industry revolves around designing, manufacturing, testing and providing repair for electronic components. These components usually are a physical entity that helps generate electronic circuit with specific functionality. They include television, DVD players, computers smartphones, cameras or radios. Electronics, out of the other industries is one of the fastest and most rapidly evolving industries with new products and research embedded with the latest technology arriving in the market every day.
The Electronics industry dates back to the 19th century when scientists first discovered they could conduct electricity through gas from one electrode to another. In the coming years, they invented a first commercial vacuum tube to help detect radio signals. Later on, semiconductor diodes, transistor and electronic devices and appliances were manufactured for both buying and selling in the international market. Generally, the electronic industry is divided into four segments:
- Government Products: Technological products for military, aircraft and medicine.
- Industrial Products: Computers, Radio, TV, and telecommunication equipment.
- Consumer Products: This include cell phones, DVDs, TVs, video games, radio, alarms and home smart systems
- Electronic Components: This consists of electron tubes, semiconductors, passive components and diodes.
Electrical Manufacturing Industry
The Electrical manufacturing industry consists of manufacturing companies that are involved in providing products and services like electrical motors, industrial and commercial lighting fixtures, ventilation services, types of electricity generation and power equipment.
The types of market that electrical manufacturing industry usually deals with are mature and developed mainly in the U.K, North America and Europe. Over the years, with increasing power requirements, power generation and distribution, industries are looking towards the electrical manufacturing industry for safe supply to the end-user and industries themselves. The demand has doubled from what it was ten years ago. Electrical industry, with the recent environmental concerns, is also looking for renewable energy sources like solar, wind energy, hydropower and heat pump technology to cater to the demands and needs while guaranteeing a safe and environment-friendly supply.
Future Prospects for Electronics and Electrical Manufacturing Industries
Technology is gradually replacing all aspects of operations and processes carried out in industries, making it more effective and automated. This has resulted in faster and more accurate process cycle, fewer errors and better management of resources and time. Companies are also making use of advanced data and analytics to yield higher success rates and boost production. The Electronics and Electrical Suppliers, on the other hand, are using historic customer and company data to save costs and provide and actionable supply of products and services globally. An efficient supply chain has a direct impact on the industry’s performance therefore, manufacturing and supply companies are incorporating technology to ensure reliable and speedy supply.
